Tate & Lyle PLC (BD15) Receives Average Recommendation of “Hold” from Analysts

Shares of Tate & Lyle PLC (LON:BD15) have received an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 713.57 ($9.68).

A number of analysts have recently issued reports on BD15 shares. Goldman Sachs Group set a GBX 660 ($8.95) price objective on shares of Tate & Lyle and gave the company a “neutral” rating in a report on Friday, November 3rd. Jefferies Group set a GBX 750 ($10.17) price objective on shares of Tate & Lyle and gave the company a “buy” rating in a report on Monday, October 23rd. Kepler Capital Markets set a GBX 660 ($8.95) price objective on shares of Tate & Lyle and gave the company a “neutral” rating in a report on Friday, October 27th. Finally, Berenberg Bank set a GBX 730 ($9.90) price objective on shares of Tate & Lyle and gave the company a “neutral” rating in a report on Monday, September 25th.

Shares of Tate & Lyle (LON:BD15) opened at GBX 112 ($1.52) on Friday. The company has a market cap of $3,180.00 and a P/E ratio of 211.32. Tate & Lyle has a fifty-two week low of GBX 102.50 ($1.39) and a fifty-two week high of GBX 105.50 ($1.43).

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Tate & Lyle Company Profile

Tate & Lyle PLC is a provider of ingredients and solutions to the food, beverage and other industries. The Company’s segments include Speciality Food Ingredients and Bulk Ingredients. The Speciality Food Ingredients segment’s product categories include dairy, beverage, bakery and convenience. The Bulk Ingredients segment’s product lines include bulk sweeteners for food and beverage customers, and industrial starches for paper and construction industries.

Analyst Recommendations for Tate & Lyle (LON:BD15)

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